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20121226
20130103
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for the middle class. this magic number to pass was tutored 17. so it did receive. house speaker, john boehner voted " yes. this was the first sign and the next is the president's desk that should happen fairly soon. other big stories two people are killed in a crash after a police chase in san francisco's mission district. it's caught on south bay. our top story tonight.the fiscal cliff. the house is now voting on "fiscal cliff" tax increasesit looks as though the senate-approved bill will get enough votes to pass. for the middle class and earning over 450-thousandit also extends unemployment bill is 217. meaning thea police chase ends in a deadly crash. two people were killed this morning after a driver crashed into a liquor store in san francisco. this is surveillance video. a third person was badly injured. all the victims are in their 20's. >> while the remaining of this is being pulled away from the sidewalk the damage done is horrific. >> this was also in mid to 20 year-old pedestrian walking into the store that was pronounced dead. >> the passenger was also pronounced dead. this comes
leader mitch mcconnel are working on a deal. he meet with them along with house speaker john boehner and house democratic leader nancy pelosi.at the white house for about an hour today. he said the meeting was good and constructive. but expressed his frustration for the american people with waiting until stories... >> america wonders why you cannot get things done in this town in an organized timetable. why does everything have to wait until the last minute? now, we are at the last minute. the american people are not going to have many patients for a self-inflicted wound to our economy. >> reporter: coming up at 5:30 we'll have more from the president. and our political analyst michael yaki will give us his take on today's developments. >> catherine: there's rain on the way this holiday weekend. this is a live look from our camera on mount tam. and a look at downtown san francisco. i'm here in the weather center with jacqueline bennet -- where is the wet weather? >> jacqueline: we are still getting some return on the radar but it is still too dry for the rain to hit the ground. it wi
is not made soon between which mcconnell and house speaker, john boehner i will perch read to bring in agreement that will protect the middle-class. >> reporter: with a high- stakes meeting they seem poised to work towards a solution. >> we are going to work hard to see if we can get there in the next 24 hours. i am hopeful. >> i am going to do everything i can in my power. what ever we come up with is not going to be perfect. some people are not going to like it. >> reporter: senate majority leader reed says that there were hoping not to have to meet on saturday and house speaker, john boehner will not bring anything until it is passed by the senate. however, if nothing is done unemployment benefits will expire payroll deduction will not be continued. >> if there are disagreements they will sort through them. the notion that our elected leadership cannot do the same thing is mind-boggling. it needs to stop. >> catherine: banks racked up a record 10-point-seven- billion dollars in fines in 20-12. that includes what the banks paid to u-s and state authorities-- but it doesn't include
boehner responded that reid should "talk less and legislate more." the biggest divide continues to be taxes. democrats want to extend the bush-era tax cuts to everyone except those americans making 250- thousand dollars or more a year. many republicans remain against any tax increases. >> rep. steven latourette (ohio): nobody is willing to pull the trigger. everybody wants to play the blame game. this blame game is about to put us over the edge. >> some say a scenario that could play out is allowing tax increases to take effect on january 1st. then on the 3rd when the new congress is sworn in, lawmakers can vote to cut taxes. >> grant: joining us now, our poltical analyst micahel yaki. to you think that it is a feasible scenario? >> i think that it is pretty likely we have a speaker of the house right now... >> grant: what do think that means for the people's taxes? worker their retroactively put those in place? >> the payroll taxes will be given oa and gone there will beo op-first. however, the markets are going to think that by the first of january they might not go on this r
afternoon what are the house or congress going to do. what is john boehner going to do? is he going to bring it up for a vote to. >> their total of all these terrible things. with taxes going up for the middle class. basically, we've kicked off down the road. and what type of reductions have we have. there will not be a market shot however, there is going to be a couple of things happening. there will be debt ceiling and in fact the government could run out but better news than the we have before. what will john boehner do? will the have the votes nancy pelosi is going to march in the troops and get it through. if something that is something that mitch mcconnell suggested there could be also a different outcome. >> were going to be the winners and losers? >> obama, special interest, the american people everyone, overall is going to be a winner. the big loser is two months down the road what are we going to do. >> there is a lot of finger- pointing going on. you could say what is hobbling the ointment. >> i would say that congress. and they have had nearly two days in the have not had this do
at noon eastern time. at this point it is unclear if house leaders boehner and cantor are on board. so while there is optimism tonight, we could end up going back to the drawing board if the house votes this down tomorrow. >>> the other big story tonight. the big celebrations in the bay area and around the world. for new year's eve! this was the scene in the bay earlier today. where crews set up the fireworks show on a barge. 5-thousand fireworks will set off into the sky over the bay. all choreographed to music. some can go as high as 1- thousand feet into the air. let's go live now to davies symphony hall in san francisco. and kron-4's catherine heenan. who is getting ready to host kron- 4's "new year's live" pretty in pink. >> this is billed as the most glamorous party in the city with music, champagne and a symphony performance. it is a very, very nice party. gary radnich and i will be here and we are going to be celebrating with sydney, australia, and checking in with it to buy, add the embarcadero in one of the biggest parties and dubai... they are expecting thousands at the emba
speaker john boehner does not want to bring anything until it is passed by the house. >> these everyday workers are going to be paying the price for all of not being able to get anything done. >> catherine: after a break in the rain.yet another round is this is a live look at conditions in san on van ness avenue. i'm in the weather center with jacqueline - who has been tracking this latest >> jacqueline: it has been a bit deceiving. but we are finally seeing rain hit the coast. half moon bay in the last one hour and a san francisco probably seen some sprinkles right now as well. let us to track some of these rainfall totals. not all of this is hitting the ground. there are pockets of yellow is indicating the rainfall in excess of 1 tenths per hour. we could it just see light sprinkles. as we go towards half moon bay. the rainfall totals and of and down the coast as this system continues to process along the coast. light rain towards richmond, berkeley. but one hour before things get saturated. as i mentioned a quick look outside. the satellite & radar pressing to the south and moving th
." >> reporter: following the president's interview, speaker of the house john boehner issued a statement saying in part: "republicans made every effort to reach the 'balanced' deficit agreement that the president promised the american people.we've been reasonable and responsible. the president is the one who has never been able to get to 'yes.'" >>> "what i ran on, and what the american people elected me to do, was to put forth a balanced approach." >> reporter: despite the on- going blame game, there is consensus on one thing: time is running out. i'm elizabeth corridan reporting. r as the fiscal cliff deadline ticks down -- you might wonder we got into the situation in the first place. tonight at 8-30 -- an in depth look on that. >>> the 49ers --- nfc west champions for a second year in a row. they beat the arizona cardinals 27 - 13, in their final game of the regular season. the niners now looking ahead to the playoffs -- and thanks to a loss by green bay -- the team is getting a first round bye! as you can imagine -- lots of excited fans around the bay area tonight. kron4's scott rates was
called for them not to meet on saturday. house speaker john boehner said that he would not bring anything to the table on to the talks are resumed. >> ordinary people do their jobs and they need their lives. they sit down and they discuss things and things happen. if they have disagreements in this sort through them. the notion that our leadership cannot do the same thing is mind- boggling to me. it needs to stop. >> the time now is seven 07 a.m.. we will be right back. ♪ [ female announcer ] no more paper coupons. no more paper lists. [ dog barking ] ♪ no more paper anything. safeway presents just for u. ♪ save more. save easier. saving more, starts now. just for u on the safeway app. >> take a look at wall street this morning. stocks ended the week yesterday on another down notes. invesinvestors-a given word about the fiscal cliff. the dow lost 158 points, it is currently a five day losing streak in its longest since july. the nasdaq reported 25 points. >> banks rack up a record to $10.7 billion in fines in 2012. that includes what the banks paid to u.s. and state of 40's-but it d
boehner their contract was not very but i think that people are going to forget about this and a couple of days. everything will go back to normal and the fight will begin in two months. >> catherine: thank you,if you'd like to connect with michael -- you can follow him on twitter. his handle is "at-yaki- blog." california is getting a lot of new laws. with the new year - of new laws. kron four's philippe djegal highlights a few of them. >> reporter: more than 800 new laws are set to take affect at the start of the year. that's right - 800. i scanned through what here's what the governor made law and what you should know. assemblywoman joan buchanan's bill regarding metal purchases passed. the fine for dealers who knowingly buy metals used at public utlities facilities jumps up big time. now 250-dollars. in a few days. four times that amount. to one thousand dollars. >>> another bill out of the gives women greater access to birth control. a-b 23-48 will now allow certified nurses, midwives, nurse practicioners and physician's assistants to prescribe that medication. >>> and, drivers lic
have a majority but did you see any changes? >> no. boehner was still be the speaker. his power was broken up a little bit. he did not show a lot of leadership in these last few weeks. the fact is is that they still control the house representatives. the senate, the 40 can still block anything that goes out. >> will there be any major surprises? >> the only major surprise is how much the president received from the deal. he did receive a stimulus tax credit for manufacturing and especially for the bay area periods this is for biofuel and everything like that. this was an interesting win for the president's and the question is, drew a line through the senate was why do we need to pay these obligations and no reason why this should of been a part of the deal. the second issue was set the republicans are not sign that they dealt with revenue in that they do not want to do more revenue. this is their way of how they had their george bush moment. george bush made them vote on these credits. they're trying to renew this again this will be a problem because if you try to balance said t
Search Results 0 to 10 of about 11